UNIDO’s Dr. Berkel to highlight SDGs and industry way forward in Colombo today

UN’s specialized agency for industrial development working to usher inclusive and sustainable industrialization framework will unveil its way forward on industry framework of Sustainable Development Goals (SDGs) on Sri Lanka today. 

National Chamber hosts Indonesian envoy

Indonesian Ambassador  Gusti  Ardiyasa  along with the Head of  Chancery and Commercial Secretary  addressed the  business community at the “Meet the Ambassador “ programme on bilateral trade between Sri Lanka and Indonesia at the National Chamber  recently. Here the Indonesian ambassador is presented with a token of appreciation  by President of National Chamber of Commerce  Sujeeve Samara

Intex South Asia to begin on November 15

Intex South Asia 2017 will showcase around 250 exhibitors from 15 countries and regions from 15-17 November at the Sri Lanka Exhibition & Convention Centre (SLECC), Colombo-10.

mCash Partners with Keells Super

Infusing further convenience and ease into its mobile offering, the National Mobile Service Provider Mobitel has partnered with Keells Super outlets to offer mobile users to pay utility bills and make

Mobitel achieves No.1 status in 4G LTE Mobile Broadband

Mobitel (Pvt) Ltd, Sri Lanka’s National Mobile Network Operator enhanced its 4G LTE network coverage by innovatively deploying its existing 900MHz spectrum. This initiative

New Lloyds demonstrates delicious Lasagne Koththu recipe

For 40 years, New Lloyds has continued to demonstrate its commitment to providing consumers with quick and delicious meal options, and the new Instant Lasagne Koththu appeals to the craving for home-made ‘koththu’, while maintaining a delicious taste that goes beyond consumer expectations.

Rainco ‘Tharageta Kuda Ihalamuda’ Season 3 declares winners

Rainco (Pvt.) Ltd, leading manufacturer of umbrellas, rainwear, mosquito nets and diverse merchandise, recently declared the winners of ‘Tharageta Kuda Ihalamuda’ consumer promotion.

Pelwatte Dairy expands 100% locally produced milk powder distribution

Sri Lanka’s 100 percent local dairy product manufacturer, Pelwatte Dairy Industries, recently expanded its distribution of milk powder to a wider customer segment in many parts of the country. These areas include Anuradhapura, Hambanthota and Mahiyanganya.

John Sea Food wins Presidential Exports Award

John Sea Food (Pvt.) Ltd, which has climbed up to the zenith of the fish export trade in the local export market, captured the victorious Presidential Exports Award held at the Bandaranaike International Memorial Conference Hall recently.

Rathna Cinnamon Exports wins Presidential Export Award

Rathna Producers Cinnamon Exports (Pvt.) Ltd secured the Presidential Award at the Presidential Export Awards held at the Bandaranaike Memorial International Conference Hall recently.

Mobitel rewards Cash Bonanza Montero Extravaganza August winner

The national mobile service provider, Mobitel’s Cash Bonanza Montero Extravaganza programme continued to reach unprecedented heights in August, witnessing a growing numbers of customers participate as a result of the exciting prizes on offer.

Mobitel achieves No.1 status in 4G LTE mobile broadband

Mobitel (Pvt) Ltd enhanced its 4G LTE network coverage by innovatively deploying its existing 900MHz spectrum. 

Premier attends Smart Class

Prime Minister Ranil Wickremesinghe, Deputy Minister Harsha de Silva and Education Minister Akila Viraj Kariyawasam visited the Grade 7 ‘Smart Class’ at Jayawardenepura Vidyalaya yesterday. The Prime Minister also participated in the lessons along with the 

VW takes new US$3 bn hit over diesel emissions scandal

REUTERS: Volkswagen added provisions of around 2.5 billion euros (US$3 billion) yesterday to the mounting total from its diesel emissions scandal, which has already cost the company around 20 billion euros.

Asia shares recuperate after rough week, dollar in better health

REUTERS: Asian shares regained some poise yesterday after a tough week in which the gathering risk of a U.S. rate rise lifted Treasury yields toward nine-year highs and left the dollar on track for its best week so far this year. 

Rupee edges up on inward dollar remittances

REUTERS: The Sri Lankan rupee closed slightly firmer yesterday as dollar sales by banks due to inward remittances surpassed demand for the U.S. currency from importers to pay for their purchases, dealers said.

Airbnb enters restaurant reservation business

AFP: Rent-a-room giant Airbnb is now in the restaurant reservation business, hoping to provide customers with a memorable meal before they drift off in their home away from home.

World Bank provides US$125 mn loan for low-cost road network

Sri Lanka is joining other countries in moving from a traditional approach to road infrastructure and maintenance which pays the contractor based on progress, to a new approach based on contractor performance. 

Lanka Ashok Leyland hands over 25 tippers to Maga Engineering

Lanka Ashok Leyland CEO Umesh Gautam handed over another consignment of 25 Ashok Leyland 10.5 cbm tippers with BS3 and ABS Brakes to Maga Engineering Private Limited CEO Piyadasa Madarasinghe recently.

A Barra-stravagant Feast: Ramada Colombo brings Round Island Barramundi to the table

Has fine dining and seafood been on your mind?Cast your net wide and step out of your comfort zone to experience delicious multi-cuisine dishes created with the freshest, flakiest barramundi sourced 

The A&K Lit Fest promises a mouthwatering pickle of literature

The A&K Lit Fest comes alive for the third consecutive year with its promise of promoting the Sri Lankan identity through literature. Following two successful chapters, the literary festival is set to 

Whither good governance? Government’s PPP boss throws media out of top forum

The earnestness of the government’s claims to power—transparency, media freedom and good governance—was sorely tested yesterday, when the Finance Ministry’s National Public Private Partnership Agency’s Chairman & Acting CEO Thilan Wijesinghe had members of the media thrown out of an event to restrict the public release of information. 

Sri Lanka announces mega shopping festival targeting tourists

Newly established Sri Lanka Retailer’s Association joined forces with the Tourism Development and Christian Religious Affairs and Sri Lanka Tourism Promotion Bureau to organize the first ever Colombo International Shopping Festival set to take place from 1st October to end November.

SriLankan receives ‘Four Star’ rating from APEX

SriLankan Airlines added another feather to its cap by being honoured with a prestigious’ Four Star’ rating from the Airline Passenger Experience Association (APEX) in the first ever airline industry rating programme based solely on feedback from passengers.

Tourism earnings down but remittances up in July

The fund flows to the current account of the country’s external account remained mixed in July.  The earnings from tourism in July slipped by 1.8 percent YoY to US $ 352.5 million while worker remittances were up by 3.4 percent YoY to US $ 592.1 million after falling four months in a row.

SL’s exports growth on track but higher oil bill stretches trade gap

The restoration of the GSP Plus facility, higher prices received for tea and the weaker currency appear to have propelled Sri Lanka’s export earnings but the higher oil bill is showing signs of becoming a headache, threatening the attempts to contain the expanding trade gap in the import dependent economy.  In July, Sri Lanka exports grew by 13.9 percent year-on-year (YoY) to cross a billion dollar mark – the second month to exce

Stocks close at 1-week high on foreign buying

REUTERS: Sri Lankan shares closed at a one-week high yesterday, as investors bought banking stocks and continued foreign buying in the market underpinned positive sentiment, brokers said. The Colombo stock index ended 0.2 percent up at 6,419.47, its highest close since Sept. 21.

Anti-dumping legislation in parliament next month: Rishad

The much awaited anti-dumping legislation has been cleared by the Attorney General and is ready to be presented to parliament, the country’s Industry and Commerce Minister Rishad Bathiudeen said.

Interbrand releases ‘2017 Best Global Brands’ report

Interbrand, the world’s largest brand consultancy has announced the Best Global Brands for 2017.  Now in its 18th year, the theme of this year’s Best Global Brands report is “Growth In A Changing World”, and examines three key components: People, Technology and Brands. The combined total value of the world’s top brands, US$1,871,730 million is an increase of 4.2 percent from the previous year, while 42 percent o

PUCSL launches public consultation on rooftop solar PV development

Public Utilities Commission of Sri Lanka (PUCSL) launched a public consultation on the rooftop solar PV development in Sri Lanka as PUCSL intends to issue guidelines and advice on government policy to support the successful implementation of the rooftop solar and achieve the set policy targets.